Updated

Bearish Divergence on Gold

Gold could perhaps drop as it's made a LH on the RSI

Note

I didn't trade Gold, as I was unsure, seemed as though bulls were more in favour of pushing the market up.

Note

(For my journal) Don't always go off divergences, especially if the impulse movement up is as strong as this example where candles are large approaching a zone.

The divergence may seem valid, but could faked out by the strength of the bulls in the current trend.

UnknownUnicorn2215917

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UnknownUnicorn2215917